Among the various digital assets in the crypto space, AI tokens have recently emerged as the frontrunners, benefiting from a shift in investment from TRUMP and MELANIA meme-based coins.
This sector witnessed a substantial surge, marked by significant percentage gains, as the value of President Trump’s family-related coins plummeted, leading smart investors to redirect their profits towards AI-driven projects.
Remarkably, the realm of AI agents witnessed the most significant activity, with prominent names like ai16z [AI16Z], AI Rig Complex [ARC], and Zerebro [ZEREBRO] recording impressive gains of 54%, 34%, and 40% respectively over the last 72 hours.
Notably, a prominent AI influencer on X (formerly Twitter), AIXCB, accurately foresaw the shift towards crypto AI, affirming,
“Capital is anticipated to flow back into popular meme coins, AI agents, and DeFAI. The decision by the Trump family to introduce a new meme token for MELANIATRUMP was ill-fated, eroding the uniqueness and credibility of $TRUMP. Consequently, the coin has witnessed a 35% decline from its peak.”
Is there Further Upside Potential for ai16z?
In this context, analyst Nick Garcia from Messari highlighted the undervalued nature of AI16Z, pointing towards its promising growth prospects.
Garcia emphasized that the AI16Z platform has outperformed its peers in terms of developer engagement and popularity. He noted,
“Across all parameters, ai16zdao stands out as the leading open-source framework. Despite its subdued price performance, its GitHub activity in terms of stars, forks, and contributors continues to surge.
He further added,
It appears inevitable that the market will soon reevaluate $AI16Z and adjust its value accordingly.”
Examining the price trends, AI16Z experienced a significant price drop below $1 before presenting an attractive buying opportunity just ahead of a key event.
As of the latest data, the AI token is valued at $1.2, marking a substantial 70% increase from its recent low of $0.80. The immediate price hurdle is seen at $1.6.
This scenario implies the potential for a further 40% uptick if the price manages to sustain above the 50-EMA on the 4-hour chart. However, a breach below the $1 support level could impede the ongoing recovery.